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1. Vijay should be covered for approximately Rs. 109 lakh of life insurance if the proceeds are invested in a 90:10 ratio of debt and equity to provide Rs. 6 lakh annually inflation-linked to Khyati until she turns 80. 2. Parth should invest approximately Rs. 10,000 annually until Mayuresh turns 21 and approximately Rs. 7,000 annually until Manjesh turns 21 if the funds are invested in a 20:80 ratio of debt to equity. 3. The value of rent-free accommodation provided to Parth for FY 2007-08 is Rs. 91,80

Author

Krupa Vora

Language

EN